Applicant Details & Scoring

ARC State Program Manager Comments

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APPLICANT

Big Sandy College Educational Foundation, Inc

Total Qualifying Score: 5
County (ARC Region): Yes
State (ARC Region): Yes
Q3. IRS Status: Nonprofit – 2
Q4. Parent Entity: No – 1
Q5. 2 or More Full-Time Employees : No (as of 12/31/2019)
Q7. Budget Level: Above $3 million or below $100,000 – 0 (Last Fiscal Year Actual Income)
Q8. Restricted Reserves: No – 1
Q9. CARES Act Funding: No – 1
Q13. Participation by Executive: Yes


CONTACT & LOCATION INFORMATION

Big Sandy College Educational Foundation, Inc
Prestonsburg, Floyd County, Kentucky 41653
606-886-7358
Email
www

County (ARC Region) Floyd
State (ARC Region) Kentucky


ORGANIZATIONAL & FINANCIAL INFORMATION

Q1. Mission:

The mission of the Big Sandy College Educational Foundation, Inc. is to promote the Big Sandy Community and Technical College (BSCTC) through enhancing and providing for academic excellence in the form of scholarships and any other endeavors which will benefit the students in the Big Sandy and eastern Kentucky.  BSCTC is one of sixteen two-year, open-admissions community colleges of the Kentucky Community and Technical College System (KCTCS). BSCTC offers pathways that lead to certificates, diplomas, associate degrees (associate in arts, associate in science, and associate in applied science), along with a robust network of workforce training opportunities. BSCTC currently offers 28 academic and technical programs, along with more than 200 industry-recognized credentials. The college plays a vital role in strengthening eastern Kentucky’s economy, training the local workforce, and providing access to education that students could otherwise not afford. The Big Sandy College Educational Foundation is the primary vehicle for fundraising and financial support from the college’s alumni, friends, and local businesses who value a strong, affordable college education in the counties of the Big Sandy Region (Floyd, Johnson, Magoffin, Martin, and Pike counties). The mission of the Foundation aligns with BSCTC’s mission. Further, the college employs the Foundation staff, which includes a manager of advancement and an executive director.

Q2. How organization aligns with ARC’s Plan & Goals:

Five distressed counties in Central Appalachia (Floyd, Johnson, Magoffin, Martin, and Pike counties in Kentucky) make up the Big Sandy Region.  The primary purpose of the Big Sandy College Educational Foundation, Inc. is to facilitate fundraising and financial support for BSCTC.  Therefore, the Foundation directly addresses Goal 2 of ARC’s strategic plan – increase the education, knowledge, skills, and health of residents to work and succeed in Appalachia.  In particular, the Foundation is the primary vehicle for alumni and friends’ local philanthropic efforts and a source of scholarships for students to attend the local community college.  Additionally, the Foundation fundraises to support faculty development, new training facilities, and new college programs.  Its efforts also help provide outreach to the region’s residents and K-12 students through the East Kentucky Science Center and Varia Planetarium, a regional hub for STEM (Science, Technology, Engineering, and Mathematics) education in eastern Kentucky.

Q3. IRS Filing Status: 501(c)(3)   

Q4. Unit or Chapter of Larger Organization: No

Q5. Employees:

Full-Time/Part-Time Employees: 0/0 (as of 9/1/2020)

Full-Time/Part-Time Employees: 0/0 (as of 12/31/2019)

Current Year Income/Expenses: $130,000/$80,000

Q6. Fiscal Year: July-June

Q7. Budget Level

Last Fiscal Year Income/Expenses (Actual): $80,003 / $52,545

Current Year Income/Expenses (Projected): $130,000 / $80,000

Balance Sheet

Q8. Restricted Reserves (Amount): No ($)

Q9. CARES Act Funding (Amount): No ($)
Received From:   Date Received:
For What Purpose(s):

Q10. Negative Impacts from COVID-19:

The coronavirus pandemic has significantly impacted the philanthropic efforts of the Big Sandy Educational Foundation, Inc.  A key strategy of the Foundation’s fundraising efforts in the past has been a series of well-attended events and activities that included a Golf Scramble, a Gala event, outreach visits, and other face-to-face activities.  However, with the gathering and social distance restrictions related to COVID 19  and bankrupted sponsors, the events have been canceled.   Additionally, the Foundation has seen a significant decline in contributions due to donors giving less and the inability to reach donors.

The coronavirus pandemic has capsized business as usual for BSCTC. BSCTC found it necessary to shift business functions and learning to remote.  Along with the challenges of remote learning environments and lack of adequate support for faculty and students, the institution grapples with the financial challenges of lower enrollment.

Q11. Top Three Concerns:
The pandemic impacts donor relations. Events are the primary fundraising activity, and the Foundation is unable to continue events due to restrictions related to COVID19 and the resulting economic impact on the region. Additionally, it is difficult to foster donor relationships. Our donors value face-to-face interaction and a personal touch.
The pandemic impacts board member involvement. The Foundation relies on its board members to raise money. However, with events canceled, the board members seem reluctant to embrace the role of spokesperson and fundraiser in other ways. The board meetings have been canceled since the pandemic began.
The Foundation has an aging donor base and philanthropic involvement of millennial donors is minimal. A diversification of donor base is difficult to achieve in our small rural communities.

How Participation in Program Will Address Concerns:

Fundraising in rural communities, particularly in Central Appalachia, has a unique set of challenges that have been exacerbated by COVID19.  We believe that participation in the Appalachia Non-Profit Resource Center will provide us with a new perspective, along with valuable tools and resources for fundraising in the post-pandemic environment.  We are particularly interested in looking at ways to engage philanthropic organizations outside of our region.


COHORT INSTRUCTION

Q12. Applying as a Proposed Cohort? No

Q13. Executive Director or CEO Will Participate in the Program? Yes

Q14. Top Two Choices for Cohort Instruction:

Course #1 Choice: 1-Fundraising

Course #2 Choice: 2-Mission & Operations

Q15. Desired Course Schedule for Cohort Instruction:

#1 Desired Course Schedule: 1-Winter 2021: 10-Week Course (Jan. 25. 2021 – Apr. 4, 2021)

#2 Desired Course Schedule: 2-Winter 2021 A: 5-Week Course (Jan. 25, 2021 – Feb. 28, 2021)


APPLICATION SUBMITED BY:

Name: Kelli Martin, Manager of Advancement

Application Approved by Organization Director or CEO? Yes, Approved by Executive Director/CEO

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